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$26,000,000
32 Days On Site

265-273 88th Street
DALY CITY, CA 94015

For Sale|Multi Family|Active
0
Beds
0
Total Baths
91,970
SqFt
$283
/SqFt
1966
Built
County:
San Mateo
Listed by of Nate Gustavson of Compass 4157869410
Call Now: (831) 254-6559
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(831) 254-6559
265-273 88th Street265-273 88th Street265-273 88th Street265-273 88th Street
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Monthly Payment (Est.)

$118,623
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

265-273 88th Street is a rare eighty (80) unit multifamily portfolio comprising five (5) extremely well-maintained apartment buildings situated on two parcels in the heart of the highly desirable Broadmoor Neighborhood of Daly City. - Offered at $26M, this stabilized asset features a unit mix of (6) 3-Br/2-Ba, (6) 2-Br/2-Ba, (4) 2-Br/1-Ba, (62) 1-Br/1-Ba, and (2) Studio units, totaling over 91,000± square feet of gross building area. With a favorable price-per-unit of $325,000 and a price-per-square-foot of $283, this opportunity has strong in-place cash flow (5.23% current cap rate & 11.33 current GRM) -- 265 88th St (4-units), 273 88th St (20-units), 1145 Edgeworth (18-units), 1157 Edgeworth (18-units), 374 89th St (20-units). SIGNIFICANT CAPITAL IMPROVEMENTS have been completed, including voluntary seismic upgrade, updated windows across all buildings, upgraded main electrical panels (25'), deck re-coating and rail painting (25'), updated water heaters, bird proofing, and extensive interior unit updates, with most units having been updated in the past 5-7 years. All units are individually metered for gas and electric, and twelve (12) units offer central forced-air heating.

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Listing Snapshot
Price 
$26,000,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
91,970 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9757 Acres
Year Built 
1966
MLS® Number 
ML82013733
Status 
Active
Property Tax 
$298,844
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.9757
Cross Street 
Edgeworth Street
Disclosures 
Natural Hazard Disclosure
Foundation 
Slab
Parking 
AssignedCovered
Parking Spaces 
4
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Fire Alarm
Sewer 
Public Sewer
SqFt Total 
91970
Utilities 
Cable Available
Water Source 
Public
Zoning 
SC(C-0)
Interior Features
Appliances 
DishwasherRefrigeratorOvenRangeElectric Range
Flooring 
Laminate
Heating 
CentralForced AirWall Furnace
Laundry Features 
Laundry RoomCommon Area
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Exterior Features
Construction Details 
Frame
Lot Features 
Gentle Sloping
Pool Features 
FencedIn Ground
Roof 
Tar/Gravel
View 
CityGolf Course
Waterview 
CityGolf Course
Community Features
Association Amenities 
PoolCoin Laundry
School District 
Jefferson Union High
Schools
School District
Jefferson Union High
Elementary School
Jefferson Elementary
Middle School
Benjamin Franklin Intermediate
High School
Jefferson High
Listed by of Nate Gustavson of Compass 4157869410



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MLS Listings, Inc..
Last checked: 2025-08-09 11:05 AM UTC

Neighborhood & Commute
Source: Walkscore
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